AD Holding Southington LLC
AD Holding Southington LLC is a child care services business located in Southington, Connecticut, operating in the child care services industry (NAICS 624410). The company financed real estate or equipment through an SBA 504 loan of $2,304,000 approved on February 10, 2025, with TD Bank, National Association as the bank partner and New England Certified Development Corporation as the certified development company.
SBA 504 loan, approved Feb 10, 2025
$2,304,000 SBA portionCDC: New England Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,304,000
- Bank portion
- $2,815,000
- Estimated project size
- $5,687,778 (estimated)
- Estimated owner equity
- $568,778 (estimated, about 10% of the project)
- Bank lender
- TD Bank, National Association, Wilmington, DE
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 10, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 624410, Child Care Services
- Project location
- Capitol County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 69% of expansion loans in Child Care Services on this site.
- Average expansion loan in Child Care Services: $1,977,874.
- Average expansion loan in Connecticut: $2,313,333.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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